Sweden Anticipates Steady Growth,
But Turmoil Keeps Outlook Unclear

STOCKHOLM -- The Swedish government said it expects the country's economy to grow steadily in the next three years, but uncertainty remains over possible negative effects of global economic turmoil.

Presenting its 1999 budget proposal on Tuesday, the government also reiterated it would keep a tight grip on public finances by sticking to current expenditure ceilings. It also vowed to further reduce unemployment.